XAU/USD: Market Analysis and Strategy for September 14GoldOANDA:XAUUSDActuaryJLast Friday, following the release of US CPI data, gold bottomed out at $4,294 and staged a strong rebound, surging to $4,402 before pulling back; it gained over $100 to close at $4,327. Looking at the trend over the past two weeks, gold has been in a fluctuating downtrend on the daily chart since peaking at $4,696 on August 15, having now fallen nearly $400. Weekly and monthly charts suggest the bearish trend will persist, with a high probability of the price dropping below $4,000. On the daily chart, the MA5 and MA10 moving averages are sloping downward, while the TRIX and KDJ indicators have formed "death crosses." Supplementary indicators are in the oversold zone, and the MACD bearish momentum bars are expanding, indicating a generally bearish outlook for the day. On the hourly chart, gold drifted lower along the middle Bollinger Band during the Asian session, rebounding after hitting $4,326 and currently trading near $4,350. The KDJ indicator has formed a death cross at a high level, and supplementary indicators are turning downward. The MACD fast and slow lines are near the zero level, crossing downward with widening separation, and bearish momentum bars are increasing, signaling a short-term bearish trend. Combining this with the daily chart, the recommended strategy for the day is to sell at resistance levels; watch for resistance at the 30-minute middle Bollinger Band ($4,355) and monitor whether the price breaks below $4,300. My recommendations: BUY: 4300-4305, SL: 4290, TP: 4330-4340 SELL: 4355-4360, SL: 4370, TP: 4320-4310